Chip design subsidy may be doubled to Rs 30 crore

The ministry of electronics and IT (Meity) is working on a proposal to double the subsidy under the design-linked incentive (DLI) scheme, a key component of India’s Rs 76,000-crore semiconductor incentive programme.

Officials said that the proposal, which is under examination, plans to increase the startup subsidy from the current Rs 15 crore to Rs 30 crore as part of the upcoming semiconductor incentive scheme 2.0.